ISRO Opens Doors for Indian Industries to Harness Small Satellite Launch Vehicle Technology

• The Indian Space Research Organization (ISRO), the country's leading space agency, is taking a significant step towards promoting private sector participation in the space industry. In line with India's space sector reforms, the Department of Space is considering the transfer of technology associated with the Small Satellite Launch Vehicle (SSLV) to eligible Indian industries. This move aims to enhance India's share in the global space market, which currently stands at approximately 2%.
• ISRO, headquartered in Bangalore, has been at the forefront of advancing science, engineering, and technology for both India and humanity. With its primary objective of developing and applying space technology to meet national needs, ISRO has successfully established major systems for communication, broadcasting, meteorological services, resource monitoring, management, and navigation. To deploy satellites in desired orbits, ISRO has developed space transportation systems such as PSLV, GSLV, LVM3, and SSLV.
• To facilitate the technology transfer process, the Indian National Space Promotion and Authorization Centre (IN-SPACe), an autonomous agency under the Department of Space, will play a crucial role. IN-SPACe is responsible for promoting and supervising space activities of non-governmental entities, including launch vehicle and satellite development, space-based services, and infrastructure sharing.

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Published date : 13 Jul 2023 06:43PM